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Carolina Rush Samples 12.0 m @ 3.9 g/t Gold at Sawyer Gold Mine Within 36.0 m @ 1.9 g/t in Trench ST23-01
Toronto, Ontario--(Newsfile Corp. - March 18, 2024) - Carolina Rush Corporation  (TSXV: RUS...
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[{"type":"text","content":"Carolina Rush Samples 12.0 m @ 3.9 g/t Gold at Sawyer Gold Mine Within 36.0 m @ 1.9 g/t in Trench ST23-01Toronto, Ontario--(Newsfile Corp. - March 18, 2024) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) (\"Carolina Rush\", \"Rush\" or the \"Company\") is pleased to report assay results from two exploration trenches that were constructed on Rush's Sawyer Gold Mine property (\"Sawyer\") in Randolph County, North Carolina. The Sawyer property contains at least four parallel zones of gold mineralization that were mined at various times dating back to 1820. The area contains 7 vertical shafts with evidence of prospecting extending along a 2,500-meter trend with extensive pits, dumps, and trenches. Exploration during the late 1900s included extensive near surface drilling that was used to produce a historic gold mineral resource estimate in 2021. The historic gold resource at Sawyer contains the following based on a 0.4 g/t Au cutoff grade (see News Release February 1, 2023):Measured & Indicated: 2.9 Mt @ 1.1 g/t Au containing 102.1 koz AuInferred: 1.0 Mt @ 1.0 g/t Au containing 32.4 koz AuTwo trenches were planned to sample and verify gold mineralization within the historic resource area and were located about 50 meters apart, excavated perpendicular to the trend of mineralization. Trench ST23 - 01 was excavated with a track hoe along a northwest azimuth, perpendicular to the trend of mineralization for a distance of 36.0 meters. Chip-channel samples were collected on 1.5 meter continuous intervals and contained gold values up to 10.3 g/t with the following weighted average concentration:Trench IDFrom (m)To (m)Interval (m)Au (g/t)ST23-010.0036.036.01.9Incl.12.033.023.02.9Incl.18.030.012.03.9 Trench ST23 - 02 was excavated along a similar northwest azimuth, located about 50 m northeast of ST23-01. Continuous chip-channel samples were collected on 2.0 meter interval and contained gold values up to 2.2 g/t with the following weighted average concentration: Trench IDFrom (m)To (m)Interval (m)Au (g/t)ST23-020.0034.034.01.1Incl.0.06.06.01.8Incl.24.028.04.01.7 Sawyer Mine Gold Mineralization: Gold mineralization occurs within a northeast-trending shear zone hosted mainly in sericite-pyrite altered felsic volcanic and volcaniclastic rocks. Gold is localized within steeply dipping, folded zones which are the ...